ChrisJTradesFX

Bitcoin UPdate

ChrisJTradesFX Updated   
COINBASE:BTCUSD   Bitcoin
These are levels that I'll be keeping an eye on when dealing with BTC/USD, and I'll revise as price action progresses.

I adapt to the change in money flow.


I believe it's time to tighten your belt, because it looks like we're in for a drop in price which also mean that we can potentially see bearish moves in other cryptos as well. Price action is approaching a key range, but there's a glimmer of hope at the bottom that I'm anticipating to see the shift in price take place.

If the $29,301 level is breached then I would look to the next level below, and that's under $20,000. However, I look at it as wholesale prices so this would be a great deal (IMO) for those looking to gain more Bitcoin at a cheaper rate before them prices rise again.
Comment:
I'm more bullish once price action B.A.R. the $52700 level. 🧐
Comment:
Bullish momentum
Comment:
I'm very bullish contingent on today's Daily candle close. 👀
Comment:
Correction phase.

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